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China Passenger Car Association expects April passenger car retail sales to decline 31.9% y/y to 1.1 million units
On April 22, the China Passenger Car Association (CPCA) announced that retail sales of passenger cars (including sedans, SUVs, MPVs but not minivans) in April were expected to reach 1.1 million units, reflecting a year-over-year (y/y) decline of 31.9%.
According to the CPCA, the COVID wave in areas such as Jiangsu, Z....
According to the CPCA, the COVID wave in areas such as Jiangsu, Z....
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